CoStar Group Inc

Latest Results (28.08.2026):

CoStar Group Inc. reported strong results for the second quarter of 2026 (Q2 2026): revenue rose to $925 million (up ~18% year-over-year), net income jumped to $55 million (an ~817% increase versus Q2 2025), and Adjusted EBITDA more than doubled to $184 million — a profitability inflection the company highlighted as its second‑highest quarterly Adjusted EBITDA ever.

Revenue

Q2 2026 revenue: $925M vs $781M in Q2 2025 — an ~18% YoY increase. Disaggregated: CoStar products $337M, Apartments $87M, Other $57M for the quarter.

Net Income & EPS

Q2 2026 net income: $55M vs $6M in Q2 2025 (≈817% increase). Diluted EPS Q2 2026: $0.14 vs $0.01 in Q2 2025.

EBITDA and Adjusted EBITDA

GAAP EBITDA Q2 2026: $157M vs $29M a year ago (≈441% increase). Adjusted EBITDA Q2 2026: $184M vs $85M in Q2 2025 — more than double and the second-highest quarterly Adjusted EBITDA in company history.

Adjusted Net Income & Adjusted EPS

Adjusted Net Income Q2 2026: $128M (company measure). Adjusted EPS Q2 2026: $0.32 vs $0.17 in Q2 2025.

Operating cash flow and capital allocation

Net cash provided by operating activities for the six months ended June 30, 2026 was $267M. The company repurchased $587M of stock in the first half of 2026, contributing to net cash used in financing activities of $622M and a reduction in cash and restricted cash to $1,266M at period end.

Balance sheet and key balances

Total assets were $10.139B and total equity $7.945B as of quarter end. Long-term debt, net remained about $994M.

Guidance

CoStar affirmed its full‑year 2026 Adjusted EBITDA guidance and revised its 2026 revenue guidance (ranges and reconciliations are provided in the company release and accompanying tables).

Operating metric / Traffic

The company reported 118 million average monthly unique visitors to its websites in Q2 2026, reflecting continued audience reach for its commercial real‑estate platforms.